A strong middle class is the backbone of Indonesia’s economy
Authors: Dwinanda Ardhi Swasono, KCL and Nopriyanto Hady Suhanda, University of Bristol The Indonesian Finance Minister, Sri Mulyani Indrawati, believes that Indonesia’s economy will continue to recover and be safe from recession in 2023. According to the National Statistics Agency, Indonesia’s economic growth in 2022 was 5.31 per cent, surpassing the 5.2 per cent target. […]
The post A strong middle class is the backbone of Indonesia’s economy first appeared on East Asia Forum.Tags : indonesia recession indonesia econmoic growth indonesia economy indonesia covid-19 economic recovery indonesia middle class indonesia housing indonesia car indonesia tourism indonesia electric vehicles indonesia inflation formal sector jobs indonesia inequality
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